Sirius Net Falls as It Retires Debt

Sirius XM Radio Inc. reported a slip in third-quarter net income and indicated a buyback or dividend, long sought by biggest shareholder Liberty Media Corp., was likely soon.

For the three months through September, the satellite-radio company reported a profit of $74.5 million, or one cent a share, compared with $104.2 million, or two cents a share, a year earlier. The decline was the result of a $107 million charge connected with...